It’s probably wrong for us to laugh at people who lack some knowledge - but why would anyone invest in something they don’t even have a basic understanding of?  

Keep in mind a few things - many major markets currently have a glut of multifamily projects so you may be competing with large apartment complexes with amenities offering incentives in a competitive market. 

The numbers I’ve been running look really promising from a short-term rental (STR) perspective, and the area seems to have favorable STR regulations—or at least a lack thereof.

Here is south Florida the market is so competitive prices are going up so fast with low inventory.

With your background in real estate investment and home building, you’re already off to a strong start.As a real estate professional in DFW, I know how competitive our market can be.

They offer potential without the heavy competition of more established markets.

It’s still a competitive market, but Texas can remain a great place to buy with the right strategy.

Research local market rates to set competitive rents, and consider offering utilities or furnishings to attract tenants.

The developers are building newer A class properties which leaves them out of the competition for the B-C class properties. 

It lacks good standards for entry and results in a lot of noise from potential renters and messenger I not something I normally look at.